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Archives for August 3, 2026
The Machine Ran on Call Skew: What MSTR’s Dead Volatility Surface Says About Strategy — and Bitcoin’s Missing Bid
August 6th, 2026 Strategy (MSTR) filed an 8-K Monday morning lifting its USD reserve another $250 million to $4.0 billion — funded under a framework that monetizes bitcoin — while repurchasing $81 million of its STRC preferred stock. Read that sentence again: the company that spent five years converting every available dollar of capital-markets demand […]
